nc: USDA Rural Development Loan News - Eligibility Map Changes Postponed - 04/07/13 04:46 AM
  View RSS feed close [x] UPDATE May 30, 2014 For more that 2 years USDA has been setting and then postponing the implementation date for USDA Rural Development property eligibilty maps to change.  The change is part of an effort to re-define the definition of "Rural" and when it is finally implemented it will affect almost 1/3 of North Carolina, including popular currently eligible areas such as Mooresville, Mount Holly and parts of Concord.  At this time USDA Rural Development Eligibility Maps are scheduled to change on October 1, 2014.    NOW is the time to act if you would like to take advantage of this wonderful loan program offering NO MONEY … (6 comments)

nc: FHLB Grant for NC 1st Time Homebuyers Down Payment Assistance - 01/28/11 04:11 PM
Many people haven't heard of the FHLB (Federal Home Loan Bank) grant program for 1st time home buyers in North Carolina, so I thought I'd share information about this great program.  Similar programs may be available in other states.
This program is only available through member banks of the Federal Home Loan Bank (FHLB) system.  The only participating NC banks that I am aware of are RBC Bank and Monarch Mortgage.  As of today, both of these lenders have their 2011 funding for this program.  I know loan officers with both of these lenders, so let me know if you need a good loan officer to … (5 comments)

nc: Short Sale- Avoid Foreclosure - 01/06/11 06:17 AM
If you are having difficulties paying your mortgage and are considering walking away from your home, you owe it to yourself and your future to consider a short sale instead of letting the bank foreclose. 
Contact a Realtor who is a short sale specialist, to explain the process to you and get your home listed when you first start having trouble paying your mortgage.  Don't wait until months have gone by and the foreclosure sale is pending.
Check out the following video story of how one homeowner avoided foreclosure and sold their home as a short sale.

If you own … (2 comments)

nc: 2009-2010 Homebuyer Tax Credit Extension- First-Time & Repeat Buyers - 01/22/10 03:09 AM
The Homebuyer Tax Credit has been extended to include home purchases with a contract date by April 30, 2010 that close no later than July 1, 2010.  In addition to 1st-time homebuyers, the tax credit has been expanded to include certain repeat homebuyers. 
According to media reports, this will be the last extension of the homebuyer tax credit.  The tax credit, historically low interest rates and buyer's market home pricing, make this a great time to purchase real estate.  Hurry before it's too late!
The information below provides basic information about the current tax credit, call me today for more detailed … (2 comments)

nc: 916 Harbour View Cove - Harbour Towne subdivision - Kannapolis NC - 01/19/10 02:16 AM
APPROVED Short Sale opportunity to purchase this spacious open floor plan home at $35,000 below tax value!
4 Bedroom 2 Full Baths & 1 Half Bath  More than 2200 heated square feet Large Great Room with electric fireplace, lots of windows & ceiling fan Huge Kitchen with lots of cabinets, wide crown molding, window over sink, pantry & breakfast area Formal Dining Room with crown molding & chair rail can be used as FLEX space to suit your needs Master Bedroom with walk-in closet, double window & ceiling fan  Master Bath with dual vanity, garden tub & separate shower Vaulted Bedroom 2 with walk-in closet & … (6 comments)

nc: 3036 Rockingham Lane - Southern Chase Subdivision - Concord NC - 08/09/09 09:39 AM
Open floor plan ranch with covered front porch & lots of upgrades.
3 Bedrooms 2 Full Baths   Built in 2001 Laminate floors in formal Living Room, Great Room, Kitchen & Dining Area Great Room with wood burning fireplace & recently installed French doors with blinds between glass Kitchen with GAS range, built in microwave, dishwasher and pantry Formal Living Room Master Suite has private bath with garden tub Newly installed custom patio This is a Short Sale, priced to sell quickly at $88,000

MLS#: 891296 - SOLD
For more information on this house or other homes for sale in Cabarrus County and Concord NC, or … (3 comments)

nc: 1532 April Knoll Court - Cabarrus Crossing Subdivision - Huntersville (Cabarrus County) NC - 08/09/09 09:09 AM
Short Sale opportunity to purchase this 4 Bedroom POOL COMMUNITY home at $17,060 below tax value!
4 Bedrooms 2 Full Baths & 1 Half Bath  2" Blinds throughout Great Room Kitchen with black appliances, lots of cabinets, pantry & breakfast area Formal Living Room Master Suite has walk-in closet & private bath with garden tub & sep shwr Master Bath with garden tub & separate shower Attached 2 car garage with door opener and keypad entry Cul-de-sac lot Conveniently located off Hwy 73 between I-77 & I-85 Low Cabarrus County Taxes ONLY! Community POOL and playground Priced to sell quickly at $145,000 READY TO MOVE … (3 comments)

nc: 2009 First Time Homebuyer's Tax Credit Information- Hurry before it's too late! - 07/08/09 07:17 AM
If you are a First-Time Home Buyer or haven't owned a home in the previous 36 months, you may be eligible for an $8000 1st Time Home Buyer Tax Credit!  You must close on your home purchase by November 30, 2009.  Check out the information provided below or contact Cheryl Powell with Remax Gold  at 704-363-8902 or cherylpowell@remax.net for more details.
Considering the bargain list prices on many homes, record low interest rates and the $8000 1st-Time Homebuyer Tax Credit... now is one of the best times ever to buy a new home.  Hurry before prices increase, interest rates rise and the Tax Credit … (4 comments)

nc: 8220 Chatham Oaks Drive - Concord NC - Poplar Woods Subdivision - 06/17/09 05:30 PM
Short Sale opportunity to purchase this spacious open floor plan home located in desirable Concord POOL COMMUNITY, at a great price!
4 Bedroom 2 Full Baths & 1 Half Bath  Full Brick Front More than 2100 heated square feet Large 2-Story Great Room with laminate flooring, wood burning fireplace, lots of windows & ceiling fan is open to loft above Kitchen with pantry, electric range, built-in microwave & dishwasher Dining Room with laminate floors Main level Master Bedroom with walk-in closet, ceiling fan and deluxe private bath with dual vanity, garden tub & separate shower  Loft overlooking Great Room with built in shelves, ceiling fan and open railing HUGE 19' … (3 comments)

nc: 311 Valley Brook Lane - Concord NC - Stonebridge Townhome Community - 06/17/09 05:09 PM
Enjoy carefree living in this lovely townhome located near downtown Concord. Lots of upgrades and ready to move in!
2 Master Bedrooms 2 Full Baths & 1 Half Bath  Great Room with laminate floors, ceiling fan, decorative track lighting, crown molding & French doors leading to patio  Kitchen with upgraded raised panel oak cabinets, raised bar & all black appliances including  refrigerator, smooth top range, dishwasher & built-in microwave Dining Room with laminate flooring, bay window crown molding, chair rail & ceiling fan Master Suite 1 with walk-in closet, crown molding, ceiling fan & private full bath Master Suite 2 with ceiling fan & private full … (1 comments)

nc: 200 S Rose Avenue - Mill Village - Near NC Research Campus in Kannapolis NC - 06/17/09 05:39 AM
Bungalow style ranch located in the heart of Mill Village...only .58 miles from the Core Laboratory at the new NC Research Campus.
2 Bedroom 1 Bath Rocking chair front porch with newly rebuilt floor 5/09 Spacious Living & Dining Rooms w/hardwood floors Kitchen w/skylight & refrigerator/range included Hardwood floors in both Bedrooms New water heater 1/09 Washer & Dryer included Storage Building 1-Car Carport Fenced Back Yard Drastically reduced and now offered at a Short Sale price of $72,900
MLS#: 891297 - WITHDRAWN 
For more information on this house or other homes for sale in Cabarrus County and Kannapolis NC, or general information on Kannapolis NC area … (3 comments)

nc: Thursdays on Main - Under the Oaks at Veterans Park in Kannapolis NC - 05/29/09 10:17 AM
Thursdays on Main is a lunchtime music series being held this May and June in Veterans Park - Kannapolis NC.   The concert series is FREE to the public and features live music ranging from jazz to classical to big band music. Lunch will be available for purchase from downtown vendors, or you can bring your own. 
Veterans Park is located at the corner of Main and E. First Street - Kannapolis. Bring your lawn chairs or blankets and join the fun from 11:30am to 1:00pm!
Music Schedule for the remaining performances:
June 4 The Mark Hoffman Trio Classical
June 11 The Chris Dixon Duo Acoustic/electric … (2 comments)

nc: NC Research Campus Farmers Market - Kannapolis NC - 05/28/09 01:09 PM
The Farmers Market at the N.C. Research Campus, in Kannapolis North Carolina, opened for its second year on Thursday, May 7.  It's a great way to support the local economy by purchasing produce grown within 100 miles of Kannapolis.
Live music is also provided to add to the fun!

Time: 4:00 to 7:00 pm, THURSDAY evenings beginning May 7, 2009 and ending October 29, 2009
Location:  Kannapolis, NC - West A Street between the former Cabarrus Bank Building & Transit Damage Furniture
To view and print a flyer with all the details, click the following link: N.C. Research Campus Farmers Market
(0 comments)

nc: Mount Pleasant NC - School Information Resources - 05/25/09 08:18 AM
If you're considering a move to Mount Pleasant NC and would like more information about the public schools, check out the helpful links below. 
 

 

Visit the Cabarrus County Board of Education website for important school information for Newcomers to Cabarrus County
 
 
 

Check out the NC School Report Card website to obtain comprehensive information about NC schools, including important information about student achievement, class size, school safety and environment, and teacher quality as well as demographic details about schools and districts.
 
 
CLICK HERE to research public, private, and catholic schools and districts … (0 comments)

nc: Garden Tour in Concord NC - Saturday May 30 - 05/24/09 01:08 PM

On Saturday, May 30th, downtown Concord will offer a tour of 6 private gardens, plus the one at the historic Forest Hill United Methodist Church. The tour route is 2 miles long, and can be walked or driven. Concord restaurants along the route will be offering samples from their menus to visitors. For more information read the Charlotte Observer article Concord opens its gardens.
 
(0 comments)

nc: $8000 tax credit as downpayment... HUD says program NOT killed! - 05/21/09 04:58 AM
According to my lender sources and The Arizona Herald article "HUD says bridge-loan program hasn't been killed", HUD is still moving forward with a plan to let first-time homebuyers use the currently available tax credit of up to $8,000 as collateral for "bridge loans" to cover the down payment on FHA insured mortgages.
According to the article, HUD spokesperson Brian Sullivan stated that the program details haven't been finalized and would not say when the bridge-loan program would be initiated, or whether it would be substantially different from what originally was announced.
Let's all keep our fingers crossed that this program will be … (9 comments)

nc: US Treasury Department Announces Short Sale Plan - 05/21/09 02:41 AM
I recently read an article in the RE/MAX Times (a publication for RE/MAX Agents) regarding The U.S. Treasury Department, who recently unveiled a plan designed to streamline and encourage short sales.  Under provisions of the newly created "Foreclosure Alternatives Program," the process will soon include standardized documentation, cash incentives to lenders and moving allowances for homeowners.
Here's a Treasury Department fact sheet about the plan, as well as a release from the National Association of Realtors.  You may also want to read The New York Times story, headlined "Lenders More Open to Short Sales".
Many real estate agents avoid short sale listing and buyer transactions, … (2 comments)

nc: 2009 Coca-Cola 600 in Concord this Sunday - 05/20/09 03:50 AM
Well, it was bound to happen. Given today's state of the economy, many people are travelling less and spending less on entertainment. An article in The Independent Tribune says that business at The Lowe's Motor Speedway in Concord has been "slower than usual". One vendor says that his business is off by 60%.
If you've been avoiding going to the races because tickets were sold out or you'd prefer not to fight the huge crowds, this may be just your opportunity. The Coca-Cola 600 will be in Concord this Sunday, May 24, 2009 and there are plenty of good seats still available.  … (2 comments)

nc: When a Buyer Changes From Conventional Financing to FHA or VA... AFTER CONTRACT - 05/14/09 09:32 AM
Recently I became aware of a real estate transaction where the Buyer decided to change from Conventional Financing to VA Financing, after the effective date of the contract.  This Buyer didn't ask the Seller to contribute toward their closing costs.  The Buyer decided that they wanted to get a VA loan, so their agent sent the FHA/VA Addendum to the Seller's agent requesting the Seller's signatures.
Here's the problem... VA loans prohibit Buyers from paying certain types of fees that are often charged by lenders, escrow companies, settlement agents, and title companies. They are called "non-allowable" fees. They still get charged anyway, but Buyers are "not allowed" … (2 comments)

nc: Old Courthouse Community Theatre in Concord NC... Presenting "Run For Your Wife" - 04/29/09 02:37 AM
If you've been looking for something different to do, check out the Old Courthouse Theatre's production of "Run For Your Wife".  This is a comedy LIVE theatre production about a cabby who has two wives. 
Old Courthouse is a Community Theatre that was founded in 1976... celebrating its 33rd season.  It is an all volunteer organization that provides live theatre productions.  The theatre is located at 49 Spring Street NW in Concord NC. 
They will kick off the season with an OPENING NIGHT WINE TASTING, where patrons will have a chance to taste KST Georgian all natural wines.  Doors will open at 7:00 for snacks and wine … (3 comments)

 
Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate (Southern Homes of The Carolinas - The Powell Team)

Cheryl Powell - The Powell Team

Concord,Harrisburg & Charlotte NC Area Real Estate

Harrisburg, NC

More about me…

Southern Homes of The Carolinas - The Powell Team

Address: 5818 Highland Shoppes Drive, Suite C-5, Charlotte, NC , 28269

Mobile: (704) 363-8902

I provide professional real estate services to Buyers and Sellers in Greater Charlotte NC, including Concord, Harrisburg, Kannapolis, Mooresville, North Charlotte, Salisbury and surrounding areas. My specialties include: Resale Homes - New Construction - Relocation - 1st Time Buyer Programs - Investments - Foreclosures - Short Sales. I have the experience, knowledge and dedication that it takes to get the best results. Contact me anytime to discuss your real estate needs!


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